Is your hiring and onboarding process costing you unnecessarily? Did you know….
- Nearly 1/3 of people are job searching within six months of employment
- Almost 1/3 of externally hired executives miss expectations in the first two years
- With 10-15% annual attrition, companies lose about 60% of their entire talent base within four years.
Introducing an onboarding program in to your hiring process can mean the difference between retaining your millennial employees or watching them walk out the door after several months. Companies who implement an effective onboarding program during the first three months of the new hire employment experience, will have 31% less turnover than those who don’t according to the Aberdeen Group.
Onboarding is important because it introduces the employee to the company’s culture and expectations and gives the employee the vital training and information needed to succeed in their new position. Also, a new hire’s compatibility or culture fit will likely be determined during the onboarding process. This can save the employer from a prolonged investment into the wrong person.
A strategic onboarding plan can dramatically impact your business. Investing in an onboarding process will help reduce turnover and increase new-hire effectiveness. An onboarding program isn’t just a routine checklist; it should be a comprehensive process that makes the new employee as well as the company confident they made the right choice and confident they can succeed in their new job.
Learning Objectives:-
Robust onboarding programs help your talent get up to speed faster and deter them from leaving for greener pastures. The learning objectives are:
- Recognize the difference between orientation and onboarding: They are not the same; you need both
- Identify the building blocks of an effective onboarding program: The 4’Cs: compliance, clarification, culture, connections
- Review a toolbox of six best practices, with real-world examples, for implementing an onboarding program in your organization
- Understand the responsibilities of three key stakeholders: Executive management, human resources, and the new hire’s manager
- Learn why managers are the key and how they contribute to the success of your onboarding programs
- Make sure you know the 5 key questions new employees have that need to be answered quickly to avoid disengagement.
Why Should You Attend?
You’ve made your decision about whom to hire. You’ve gotten them excited about their new job. You’re excited about what they can bring to your team. Now what?
If you’re like most good organizations, you’re doing something more. The Aberdeen Group reported that 70 percent of all organizations currently deploy some sort of onboarding program with new hires, especially millennials. While this is a good thing, there is great variability in the focus, depth, and length of these programs. The most superficial tend to provide surface-level “meet and greets” and focus on initial paperwork and process knowledge. Others go deeper, focusing on helping new hires learn to navigate the organization’s culture and understand the informal organization and key players.
Remember, you never get a second chance to make a good first impression. Onboarding isn’t just about facts; it’s about feeling, too. Effective onboarding programs provide an experience that helps new hires and leaders affirm that they made the right career move. This webinar will cover what you need to ensure your organization is building a stable, committed, productive workforce from the start.
Who Should Attend:-
CEO’s, COOs, VP of Human Resources, Chief Learning Officer, Directors, Project Managers, Operation Managers and Supervisors, Team Leaders, Human Resources Professionals. Managers and Supervisors, talent management professionals,
